Insurance cover for Accountants
Most businesses would grind to a halt without accountants.
Clients trust you to balance the books, make sure the numbers add up and get those all-important taxes paid on time. It's a big responsibility, which means investing in the right insurance is essential.
Whether you're a sole trader, or you run a larger accountancy practice, business insurance should be a top priority.
From £5.13 per month
Pay by the month
Change your cover anytime
Make changes without fees
We're the British Insurance Awards 2018 Insurance Start-up Winner - recognised for our innovative range of covers, online customer experience and flexible subscription model, which make buying and managing insurance easy and accessible for businesses in the digital industries.
Accountancy business insurance
If the numbers don't add up
Where money is concerned, there's little room for error. But mistakes can happen to anyone, accountants included, and if clients lose cash as a result of your oversight, you could face a lawsuit, with hefty legal costs and compensation to pay. If that happens, professional indemnity cover (PI) will ensure you're protected. Plus, clients may insist you have it – so it could help you win business (or not lose it!)
As an accountant, clients trust you with their most sensitive data, which makes you a prime target for cyber-attacks and data breaches. And with May 2018's GDPR, it's more important than ever to ensure your data security is up to scratch, with fines of up to €20m or 4% of annual turnover for non-compliance.
Cyber security insurance means you're protected for a breach of regulations (where insurable by law), your liability for handling data, plus system rectification costs, PR expenses and financial loss due to system downtime.
Commercial legal protection
Keeping track of business and employment legislation, on top of all the accounting regulations, can feel like a full-time job. With commercial legal protection, you're not only covered for any legal costs incurred - solicitors, barristers and expert witnesses for example - you'll also have access to day-to-day legal advice and tools.
So, if you need help with drafting up a contract, or handling an employment dispute, we're on hand to guide you through.
Tools of the trade
Whether you're based in a home office, your own premises or a flexible office space, the theft or damage of your property can be stressful and costly. But it doesn't have to be, with our office contents and portable equipment cover, which will replace your gear and have you back up and running in no time. And unlike with many providers, being based in a co-working space is no problem.
Excellent value at an affordable monthly cost. I have not needed use the services. But its good to know I have the insurance there to allow me to get on with my work.
James, J. Black Photography
Flexible. simple, easy, immediate. As a busy freelancer I need flexibility to potentially change the policy month by month - very handy and a feature I didn't find with other providers.
Tim, Graphic Design Freelancer
Excellent service, and really lovely people. Completely understanding of small or start up businesses, and a willingness/ability to be flexible. I'm very happy.
Lorna, Magic Penny Gifts
A super slick interface and all around great experience. Thumbs up Digital Risks! Having spoken to a number of "large" insurers, the pricing I received from Digital Risks was much more competitively priced for "like for like" cover. Highly recommended.
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The 12 risks of Xmas: on the third day of Xmas...
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Authorised by the FCA
The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at www.fca.org.uk or by calling the FCA on 0845 606 1234.
A-rated financial strength
Our insurance products are underwritten by Standard & Poor’s A-rated financial strength or higher. This means the underwriter has been independently assessed by the world’s leading credit rating provider and found to have a strong capacity to meet financial commitments (pay claims).
Protected by the FSCS
If you are a business with an annual turnover under £1m, charity with an annual income under £1m, or trust with net assets under £1m, then you will be entitled to compensation from the FSCS in the unlikely event we cannot meet our obligations. Full details and further information on the scheme are available at www.fscs.org.uk